Attached files
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| EX-10.1 - EXHIBIT 10.1 - LOGIQ, INC. | ex10_1apg.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): |
March 9, 2016 |
Weyland Tech, Inc.
(Exact name of registrant as specified in its charter)
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Delaware |
000-51815 |
46-5057897 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
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9/F, The Wellington |
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198 Wellington Street, Central |
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Hong Kong HKSAR |
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(Address, including zip code, of principal executive offices) |
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Registrant’s telephone number, including area code |
+852 9316 6780 |
N/A
(Former name or former address, if changed since last report.)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On March 9, 2016 the company signed an exclusive Software Licensing Agreement ("SLA") with Aurum Digital, Inc. ("Aurum") to distribute CreateApp in the Americas, covering North, Central and South Americas with the exception of those territories within the United States which Weyland Tech has already entered into licensing agreements, prior to March 9, 2016, for which Aurum is then granted non-exclusive licensing rights.
Aurum will pay Weyland Tech a $20 monthly fee per active subscription of the Technology, branded as CreateApp, and $15 monthly fee per active subscription of the Technology, under the white-label basis, that is deployed by Aurum.
Aurum, a start-up company, is owned and managed by private individuals with experience in the luxury premium brands industry.
The above descriptions of the Agreement is qualified in its entirety by reference to the forms of such document attached as Exhibit 10.1 to this Current Report on Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements of Businesses Acquired: None
(b) Pro-Forma Financial Statements: None
(c) Exhibits:
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Exhibit No. |
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Description |
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10.1 |
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Software Licensing Agreement with Aurum Digital, Inc. dated March 9, 2016* |
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* The copy of the Agreement filed herewith has been redacted to remove certain confidential information. We intend to file a confidential treatment request with the Commission regarding this information. | ||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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WEYLAND TECH INC. |
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Dated: March 14, 2016 |
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By: /s/ Brent Y. Suen |
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Name: Brent Y. Suen |
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Title: President & CEO |